What does the 2020 Volvo V60 cost per mile?
Fuel cost a mile
11.9cents
- 2025 IRS rate: 70 cents a mile.
- Margin: 58.1 cents a mile.
- $5,815 per 10,000 miles.
- 2020 Volvo V60 T5 Momentum FWD: 27 mpg.
- Median of 326 gas and hybrid cars (2020): 13.3 cents a mile.
Gas $3.20. 2025 IRS rate 70 cents.
| Trim | Rating | Cost a mile | Margin a mile | Per 10,000 mi |
|---|---|---|---|---|
| T5 Momentum FWD | 27 mpg | 11.9 cents | 58.1 cents | $5,815 |
| T5 Cross Country AWD | 25 mpg | 12.8 cents | 57.2 cents | $5,720 |
| T5 Inscription FWD | 27 mpg | 11.9 cents | 58.1 cents | $5,815 |
| T5 R-Design FWD | 27 mpg | 11.9 cents | 58.1 cents | $5,815 |
| Plug-in Hybrid T8 Polestar Engineered eAWD | 30 mpg, 50% electric | 9.5 cents | 60.5 cents | $6,050 |
| T8 eAWD Plug-In Hybrid Polestar AWD | 30 mpg, 50% electric | 9.5 cents | 60.5 cents | $6,050 |
| T8 Polestar Engineered AWD | 30 mpg | 10.7 cents | 59.3 cents | $5,933 |
What this cannot tell you
Fuel only. Insurance, repairs and value loss not counted.
The IRS rate covers every cost, not fuel alone.
- 2 or more sources
- 1 source
- Model-level, rule or estimate
- Sources disagree